How can you invest in diamonds? Is there anything publicly traded that reflects diamond prices or is there any other sort of liquid way to invest in diamonds? Thanks guys
or better yet take a trip to south africa. talk to some war lords and offer to buy some of their blood diamonds. one note however, stay away from the prostitutes.
You don't. It's a scam. Diamond prices have totaly collapsed. No demand everywhere. Better of buying a condo in Vegas.
They make diamonds in labs now that are better than the real deal. I wouldn't invest in them, even if they manage to have some kind of retail value.
why do you want to buy diamonds? other than making the women happy. if you want to hedge/unload dollar, gold is the standard.
I'm not asking for peoples opinions on the investment, I wouldn't start buying for another 8-10 months anyway. Last time I listened to ET posters opinions I missed out on a huge trade. http://elitetrader.com/vb/showthread.php?s=&threadid=155760 So thanks but no thanks in terms of what the majority on this site think, I do not care.
DIA. that was a nice one.. well. if diamond prices have collapsed. and even producers are closing mines http://news.bbc.co.uk/2/hi/business/7906425.stm but why is TIFFANY rising like crazy .. http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined